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SELL TO CLOSE SAPE

randholm
October 17, 2013 9:51 am / Published in SAPE

SELL TO CLOSE SAPE

SELL TO CLOSE SAPE

SAPE did not reach our target 10% and our time limit has expired (4 weeks).

We are closing SAPE at a loss of approx. -2.7%, at current market price 15.15. We are using algos to exit the entire position – it is a light volume traded stock.

At 15 USD could be forming a bottom but we don’t like that the market is up and the stock is down.

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Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.

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